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1441  Other / Off-topic / Re: Shipping BFL labs greatest weakness? on: September 03, 2012, 04:09:26 PM
BFL's problem is customers have to order, pay, wait, then receive(if BFL can actually deliever).
Normally, customers order, wait, receive, then pay.
1442  Economy / Speculation / Re: Is $10.50 the new $10? on: September 02, 2012, 04:11:05 PM
Is some price the new some different price?
1443  Bitcoin / Bitcoin Discussion / Re: [MARKETING]Get ZeroHedge to publish an article about Bitcoin on: August 30, 2012, 03:19:53 AM
Actually, a story about a ponzi scheme in bitcoin may not be so much of a bad publicity for bitcoin. You can argue it's a definite proof it has value Grin And it's a good occasion to debunk the fact that bitcoin in itself is not a ponzi.

Inception ponzi. Maybe Bitcoin consists of ponzis within a ponzi?

Also, attracting people from ZH might be a way to make the community less susceptible to scams. Pretty sure the average ZH reader would reach the good conclusion when he'll see 7%/weeks.

They will probably come to the conclusion that Bitcoin consists of scammers shearing sheep and little else and stay away. Those who would come on board in the middle of such bad press worry me. A more fertile ground to recruit Bitcoiners might be Forex & Currency arbitrage sites. There at least you can point to a legitimate use of BTC.
1444  Bitcoin / Bitcoin Discussion / Re: [MARKETING]Get ZeroHedge to publish an article about Bitcoin on: August 29, 2012, 09:55:43 PM
You should probably wait until the top 3 Bitcoin stories include something that is not a Ponzi scheme that swindled a bunch of people who are incapable of due diligence.

A second order problem is that right now (AFAICS) Bitcoin's largest problem is that a large portion of it's user base is very susceptible to confidence scams. Recruiting extremophiles  from ZeroHedge into the Bitcoin user base is probably not a solution to that problem and might even be counter-productive.
1445  Economy / Speculation / Re: Consider Pirate does not pay and does not sell on: August 29, 2012, 03:44:38 PM
I wonder if there is a Bitcoin user out there that has participated in every scam and ponzi scheme to date.

"This one will be different..."
1446  Bitcoin / Mining speculation / Re: [POLL] Will BFL deliver a Bitforce SC ASIC by October 31, 2012 on: August 28, 2012, 03:14:09 PM
If BFL labs ever got their delivery time down to 3 days, I might consider ordering one of their units.
They should have just made a kickstarter campaign if they were going to fund their business through pre-orders.
1447  Economy / Speculation / Re: Consider Pirate does not pay and does not sell on: August 28, 2012, 03:08:05 PM
How many donations did pirate40 collect I wonder?
I am not interested in what is owed, only what was donated to him.
1448  Economy / Speculation / Re: Keep your eyes open for another pirate crash. on: August 27, 2012, 11:32:26 PM
Taint analysis. Best Bitcoin process ever.  Grin
1449  Bitcoin / Mining speculation / Re: Mining with 1 TH/s rigs on: August 13, 2012, 09:10:47 PM

whats up with your avatar, premine all the coins?


There was a fad in the alternate currency world to pre-mine some coins in the genesis block, release the block chain, promote the currency, and hope to profit from the pre-mine. My avatar is just hyperbole for this subject. Wink
1450  Bitcoin / Mining speculation / Re: A little known ASIC benefit. on: August 09, 2012, 06:35:03 AM
I don't know where you're from but Police can't touch any of your property unless it is directly related to the crime their kicking your door in for....


I actually don't know of a single country for which that is true. Wink
In the US, they can touch all of your property (on the premises) while searching for things that are related.
As far as outside the US, ask Kim DotCom of Megaupload what the cops can't take.
1451  Bitcoin / Hardware / Re: BFL ASIC is bogus on: August 09, 2012, 05:15:04 AM
I personally think the only thing about the ASIC Jalepeno that isn't going to deliver is the coffee warmer part. The hashing power, as I see it, is possible, but good luck warming a coffee cup on a USB3.0. Espresso maybe?
You'd have to do better than that.
We have gone to great length explaining why we think BFLs numbers are fallacious. So you better address those arguments or at least provide some of your own.


Basically as said before, they could be using multiple chips, each chip with only a 3-5x performance increase over FPGA, which seems logical and perfectly possible in an ASIC. 5W may seem pretty hopeful, but I bet they can pull it off. ASIC chips can, as I've heard, deal with pretty high temps, so cooling won't be quite as important, meaning the fan would have a lower powerdraw. I'm no expert at all, and the power draw does seem a bit low, however I can certainly see a 3-5x performance increase to ASIC chips, even with a bit older of a production technique (like 130).

Alright, I pretty much already gone into that as well but again:

  • 'older' production techniques are pretty much still state of the art on low volume ASICs. While 180nm is common and 130nm at a premium.
  • The costs for a full custom ASICs in 180nm are beyond the market for BFL products (~10mil USD)
  • There are no complete workflow software packackes available which can enable designing the chips without enough manpower.
  • A fpga conversion 'ASIC' cannot meet the specs (at all feature sizes) and while it is the most likely chip to be used that would mean BFL would (again) exaggerated their promises.
I think the most likely output from BFL is a multi-chip, low production volume, FPGA to ASIC conversion @ ~110nm with a core running @ ~400Mhz. That seems feasible to me, although it would not meet their stated performance goals. What is your opinion?
1452  Bitcoin / Hardware / Re: BFL ASIC is bogus on: August 08, 2012, 11:04:00 PM
I'm only a reader of this forum, ...

That should read that you have signed up for this forum. If you had read it, you would know that the physics don't add up for at least one of BFL's products.

Ok then i will add to my statement that he should be blamed only because he is a competitor on the bitcoin mining hardware market. In all his posts about BFL's ASIC he is really trying to make a point against them.

Physics don't care if he is or is not a competitor. That should be irrelevant to the discussion. Either the physics are right, or they are not.
In all threads about BFL's ASICs the posts should make points about BFL ASICs. You should address the criticisms themselves instead of trying to discredit the person posting them.
1453  Economy / Speculation / Re: What do you think will happen in the next 4 Months??!?? on: August 08, 2012, 09:59:10 PM
I think the calender will say September, October, November, and December. Tailor your Bitcoin plans accordingly.
1454  Bitcoin / Mining speculation / Re: Mining with 1 TH/s rigs on: August 08, 2012, 09:57:42 PM
Yep, I think that the 40GH/S will be the new 1 Gh/s Since 1300.00 is close to what it costs to purchase a 1 GH/S today and in october a BFL sc single. The ones that will make out well (If they exist and ship on time) are the early receivers, obv. But, eventually, what you can make today with 1 GH/s will be the  same with a 40 GH/S in the near future.. Dollar for dollar, I think that they will be very close as it is today...

Just thinking out loud...

Actually, $750 worth of GPU will get you 1GH (One 7970 can do 600Mh and they retail for about ~$450.) which works out to 1.3MHs/$
$600 worth of Butterfly labs will get you ~830MHs (BFL Single) which works out to 1.38MHs/$
$15295 worth of Butterfly labs will get you ~25GHs (BFL Mini Rig) which works out to 1.63MHs/$

The BFL Jalapeno claims 3500MH/s for $149 which works out to 23.5Mhs/$. Four times the performance for one quarter of the price.
If the BFL Single has its FPGA core(s) running at 200Mhz, they only need to boost that to 800Mhz (or use 4 ASICs in parallel) which is feasible.
There are companies which specialize in converting FPGA designs to ASICs and then sharing space on wafers with other customers in order to produce small batch sizes economically. It seems feasible that the COGs on the Jalapeno ASIC(s) could be lower than $149.

All that being said, I think 16GH/s will be the new 1GH/s.  Tongue
1455  Bitcoin / Hardware / Re: BFL ASIC is bogus on: August 08, 2012, 09:34:39 PM
I'm only a reader of this forum, ...

That should read that you have signed up for this forum. If you had read it, you would know that the physics don't add up for at least one of BFL's products.
1456  Bitcoin / Mining speculation / Re: Do you think difficulty will hit 2.5 Million in september? on: August 06, 2012, 09:21:05 PM
I only gamble with my life.....never my money. Smiley

I too only gamble with Cablez life, never my money Wink
1457  Other / Archival / Re: delete on: August 03, 2012, 08:53:38 PM
Does this mean these forums will get boring?  Sad
1458  Alternate cryptocurrencies / Altcoin Discussion / Re: [POLL] Should BCX get banned on: August 02, 2012, 05:54:54 PM
Poll needs to be updated to include MicrocashMike and DannyMaddox accounts Wink
There also needs to be a "sockpuppet" tag.

Maybe force the following to be their avatar?
 
1459  Alternate cryptocurrencies / Altcoin Discussion / Re: [POLL] Should BCX get a SCAMMER tag? on: July 30, 2012, 04:26:19 AM
I know that all you are doing is going on your gut feel. I can't change what is in your gut about me because you refuse to read my posts.
The content in my posts stands on it's own through logic and reason. If you need citations of evidence, ask for them and I will provide them. You will not ask for them because you cannot understand what I type. Thus you will always go on feeling that I am a sock puppet because you read a post once that said I was. That is why I don't have any sympathy for you. Had you listened to reason, you could laugh this whole thing off or even profited from it. Instead, you are still listening to your gut and raging about a person on the internet who lied to you.  Huh

What are you talking about now? What posts are you talking about?

You go talking about bartenders or something to jibberish. Are you on a strong type of drug or something?

I posted #45 - Read #45 in this thread.
I read your last posts link under your profile. To see the same jibberish like above.
I came across post #95 from "Re: A Message to the Litecoin Group From Danny Maddox in San Francisco"
I made post #46, replying with what a coincidence, cuz shit, that was. Talk about hilarious.

Your jibberish above is jibberish. I have no idea what you're on about, my only guess is that you are eating some type of hallucinogen?

My posts are talking about how you fail to understand my posts. See the irony? I explain, you fail to understand. English is probably not your first language (or your second for that matter) but I have patience.

The posts I told you to read were from when the attack was announced.

https://bitcointalk.org/index.php?topic=94912.msg1051423#msg1051423
"But is your "investment" worth anything if it turns out there is a serious flaw (hypothetical) that renders LTC nonviable? If there is a flaw in the core protocol of LTC, wasn't the damage "done" by the creators of LTC? In that case BTCXpress is just the messenger. IMHO cryptocurrencies should be proof against the whims of one Apple employee."
https://bitcointalk.org/index.php?topic=94912.msg1053598#msg1053598
"Either Litecoin survives the attack, in which case it is a true cryptocurrency that can withstand the whims of a single Apple employee. It may be worth continued investment. Or Litecoin succumbs to the attack, in which case it was never a true cryptocurrency since it could not withstand a single person's attempts to compromise it. It survived only on the "greater fool" theory. Either way, the die was cast many moons ago when Litecoin was designed and implemented. All we are watching is the resolution. "
https://bitcointalk.org/index.php?topic=95398.msg1054657#msg1054657
"On the other hand, is Litecoin really a currency if one female Apple employee can destroy it? Apple has thousands of female employees, how can you possibly hope to keep them all happy? If Litecoin cannot be harmed by one female Apple employee, then it might be a currency.
Either way what is all the fuss about? Either Litecoin isn't worth saving or it doesn't need to be saved."

My points delt with two possible outcomes:
A) Litecoin will succumb to a 51% attack by a single person with limited means and thus be revealed to be a poor investment.
B) Litecoin survives in which case you do not need to worry about the 51% attack.

If A turns out to be true, why is everyone upset about losing what has been revealed as a very poor place to store your wealth?
If B turns out to be true, why is everyone upset since Litecoin emerged unharmed?

The damage done by this attack was done on this forum. People believed the hype instead of looking at the situation logically. Speculators took fright, as they are prone to do. Supporters of litecoin did not need to lose any time mining or any sleep over this. Speculators had reason to be very worried and excited. So, were you a supporter or speculator?

1460  Alternate cryptocurrencies / Altcoin Discussion / Re: [POLL] Should BCX get a SCAMMER tag? on: July 29, 2012, 10:07:08 PM
If you are not furious, then why do you follow BCX around and respond to every one of his posts with 72pt red font capital letters that say "SCAMMER"? That is textbook internet rage.

Don't you see, IT is a scammer? I am just pointing out to all that IT is a scammer. Smiley

Same reasoning as one of the staff, paraipan had pin pointed out a scammer. No one knew why, but it was a gut feeling and paraipan came out correct about the scammer. I'm just doing the same. I have a gut feeling about IT.

https://bitcointalk.org/index.php?topic=91985.msg1056972#msg1056972

Here is for the next time you ask, ok?

Answer:
Don't you see, IT is a scammer? I am just pointing out to all that IT is a scammer. Smiley


Oh, you thought about it, didn't you? Here it is again.
Answer:
Don't you see, IT is a scammer? I am just pointing out to all that IT is a scammer. Smiley

Edit:
You read a post that said I was a sock puppet and you cannot change your mind.
I have a feeling that you are a sock puppet.

I know that all you are doing is going on your gut feel. I can't change what is in your gut about me because you refuse to read my posts.
The content in my posts stands on it's own through logic and reason. If you need citations of evidence, ask for them and I will provide them. You will not ask for them because you cannot understand what I type. Thus you will always go on feeling that I am a sock puppet because you read a post once that said I was. That is why I don't have any sympathy for you. Had you listened to reason, you could laugh this whole thing off or even profited from it. Instead, you are still listening to your gut and raging about a person on the internet who lied to you.  Huh



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